| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $95M | $137M | -1.3% | -31.4% |
| Op. Income | -$22M | -$16M | $334.0K | -37.1% | -6575.1% |
| Gross Margin | 38.5% | 46.8% | 44.5% | -8.3pp | -6.0pp |
| Net Margin | -22.7% | -18.9% | -1.5% | -3.8pp | -21.2pp |
| EPS (Diluted) | $-0.46 | $-0.39 | $-0.04 | -17.9% | -974.8% |
| Free Cash Flow | -$5M | $15M | -$1M | -131.5% | -295.1% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $36M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $7M |
| Operating Expenses | $58M |
| Cost & Expenses | $116M |
| OPERATING INCOME | -$22M |
| Interest Income | $2M |
| Interest Expense | $99.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $13M |
| EBIT | -$25M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $506.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $16.0K |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$976.0K |
| Common Stock Repurchased | $3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$701.0K |
| NET CASH FROM FINANCING | $859.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $56M |
| Net Receivables | $92M |
| Inventory | $142M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $89M |
| Goodwill | $235M |
| Intangible Assets | $111M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $465M |
| TOTAL ASSETS | $999M |
| Account Payables | $31M |
| Short-Term Debt | $2M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $50M |
| Additional Paid-In Capital | $697M |
| Retained Earnings | $249M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $999M |
| Total Debt | $19M |
| Net Debt | -$188M |
